Showing posts with label bourgeois liberalism. Show all posts
Showing posts with label bourgeois liberalism. Show all posts

Tuesday, December 18, 2018

Luke Savage — Liberalism in Theory and Practice

Contemporary liberals are temperamentally conservative — and what they want to conserve is a morally bankrupt political order.,,,
A characteristic of neoliberalism?
Maybe I was predisposed to democratic socialism; I always considered myself to be “on the Left,” even as a teenager. In any case, it’s become clear in retrospect that watching the liberal class respond to events over the past decade has been a powerful stimulus in my politicization.
Which is to say, I didn’t acquire radical politics simply through reading Marx in college (though it certainly aided the process). Nor did I become irredeemably frustrated with liberalism merely by absorbing some abstract argument about its flaws. I didn’t have a Road to Damascus revelation while thumbing through some volume by Chomsky or David Harvey. And while I would certainly count them as formative to my political evolution, it wasn’t the likes of Ralph Miliband and Tony Benn — let alone Bernie Sanders or Jeremy Corbyn — who ultimately imbued me with a burning hatred for anything and everything that calls itself “moderate” or “centrist.”

No, that instinct owes much more to watching Barack Obama summon forth a tidal wave of popular goodwill, then proceed to invite the same old cadre of apparatchiks and financiers back into the White House to carry on business as usual despite the most punishing economic crisis since the Great Depression; to seeing the “war on terror” become a permanent fixture of the global landscape long after its original architects had been booted from the halls of power, courtesy of supposedly enlightened humanitarians; to witnessing a potentially monumental hunger for change be sacrificed on the altar of managerialism and technocratic respectability. It comes from watching a smiling Nick Clegg stand next to David Cameron in the Rose Garden at Number 10 Downing Street before rubber-stamping a series of lacerating cuts to Britain’s welfare state and betraying a generation of students in the process; to seeing the dexterity by which Canada’s liberals gesture to the left then govern from the right; and from seeing the radical demands of global anti-austerity movements endlessly whittled down and regurgitated as neoliberal slam poetry to be recited at Davos by the hip young innovators du jour.
These triangulations, and many others like them, helped me realize that the malaise was the product of a congenital trait rather than a temporary blip. The problem, in other words, wasn’t that contemporary liberalism was failing to live up to its ideals, but that it was living up to them all too well....
Bourgeois liberalism.
In theory, modern liberalism is a set of ideas about human freedom, markets, and representative government. In practice, or so it now seems to me, it has largely become a political affect, and a quintessentially conservative one at that: a set of reflexes common to those with a Panglossian faith in capitalist markets and the institutions that attempt to sustain them amid our flailing global order. In theory, it is an ideology of progress. In practice, it has become the secular theology of the status quo; the mechanism through which the gilded buccaneers of Silicon Valley, Wall Street, and multinational capital rationalize hierarchy and exploitation while fostering resignation and polite deference among those they seek to rule....
Jacobin
Liberalism in Theory and Practice
Luke Savage

See also
In France, however, there is no centrist opposition or alternative left. Macron won by ingesting and replacing the decayed remnants of all the parties of the centre left and centre right, and even so he only won 24 percent of the vote in the first round of last year’s presidential elections. For liberals, he is literally the only game left in town. If he is defeated in the next presidential elections in 2022, then as things stand today, the overwhelming probability is that the next French president will be Marine le Pen of the National Front (or “National Rally” as it now calls itself).
With this, conservative nationalism would move into the very heart of European politics, and the European Union in anything like its existing form would cease to exist. Moreover, at this point, the main French opposition would become the Marxist (but equally anti-EU) left-wing movement of Jean-Luc Melenchon’s “Unbowed France” (La France Insoumise). If this becomes the only real choice left to French voters, then liberal democracy will be dead and democracy of any kind may not survive for much longer.
Well, maybe not neoliberal "democracy" of bourgeois liberalism. That is a far cry from democracy of any kind.

Otherwise, it is a useful article.

Valdai Club Discussion
The French Fifth Republic: Sinking Fast, with No Lifeboat in Sight
Anatol Lieven | professor at the campus of Georgetown University in Doha, Qatar, Associated Scholar of the Transnational Crisis Project, Chair of International Relations and Terrorism Studies at King's College London, and Senior Researcher (Bernard L. Schwartz fellow and American Strategy Program fellow) at the New America Foundation, where he focuses on US global strategy and the War on Terrorism,

Saturday, October 27, 2018

Michael Roberts — Socialism and the White House

The Trump White House research team have issued a very strange report. It’s called “The Opportunity Costs of Socialism,”. It purports to prove that ‘socialism’ and ‘socialist’ policies would be damaging to Americans because the ‘opportunity costs’ of socialism compared to capitalism are so much higher.
What is strange and rather amusing is that the White House advisers to Trump deem it necessary to explain to Americans the failures of ‘socialism’ in 2018. But when you delve into the report, it becomes clear that what is worrying the Trumpists is not ‘socialism’, but the policies of left Democrat Bernie Sanders for higher taxes on the rich 1% and the increased popularity of a ‘single-payer’ national health service for all. The popularity of these policies threatens the Republican majority in Congress and also the wealth and income of big pharma corporations and Trump’s billionaire supporters....
Michael Roberts Blog
Socialism and the White House
Michael Roberts

See also

People's World
Socialism under attack from scared White House
Ian Goodrum

Sunday, August 12, 2018

Lars P. Syll — Money in perspective


Keeper Keynes quote.

The reference is "Economic Possibilities for our Grandchildren," Section II, in John Maynard Keynes, Essays in Persuasion, New York: W. W. Norton & Co., 1963, pp. 358-373.

Lars P. Syll’s Blog
Money in perspective
Lars P. Syll | Professor, Malmo University

See also

Ideological through and through, because economics is joined at the hip with political economy, and, in fact, used to be called political economy. Political economic is, of course, joined at the hip with politics and politics is about power, hence, class structure and power. This implies that policy is an area that is deeply ideological and value-laden, and political economy informs and influences policy. Ergo, politics and and the disagreements over politics are largely values-based, hence ideological.

"It's the assumptions, stupid." And the assumptions are based on normative presumptions.

So much for value-free economics

Sunday, July 1, 2018

Jim O'Reilly — Some thoughts on liberal democracy as a deceptive term


Reflections with which I agree.

Comments on Global Political Economy
Some thoughts on liberal democracy as a deceptive term
Jim O'Reilly

See also

In my view, Dugin gets this right, too, as opposed to bourgeois liberalism's, "My way, or the highway."

The third totalitarianism is transnational corporate totalitarianism under the control of international capital, which happens to be mostly in Western "liberal" hands.

Geopolitika
Alexander Dugin

Sunday, October 22, 2017

Brad DeLong — Ricardo’s Big Idea, and Its Vicissitudes


Brad DeLong shows how Ricardo's version of economic liberalism based on free trade explained by comparative advantage is bourgeois liberalism that enriches the ownership class.

Washington Center for Equitable Growth Brad DeLong | Professor of Economics at the University of California, Berkeley

Friday, April 7, 2017

Nick Johnson — Karl Marx on utility


Keeper Marx quote explains how capitalism based on liberalism is grounded in the concept of bourgeois utility.

The Political Economy of Development
Karl Marx on utility
Nick Johnson

Sunday, January 29, 2017

Branko Milanovic — Is liberalism to blame?


What went wrong? (Explaining "Trump.")

Must-read.

Some of the paradoxes of liberalism as they manifested in contemporary bourgeois liberalism that have led to the present context and its various conflict subtexts.

V. I. Lenin's famous question begs asking, "What is to be done?"

Global Inequality
Is liberalism to blame?
Branko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace

See also

Chris Dillow sees some of Trump's program and initial moves as at least soft fascism and incipient feudalism replacing capitalism.

While his analysis always insightful and informed, it is from the point of view of an outsider with respect to US politics. 

Just as the risk of socialism is totalitarian collectivism as manifested in Communism, so to the risk of capitalism as economic liberalism dominate over social and political liberalism is fascism based on corporate totalitarianism and plutocratic oligarchy as a form of feudalism.

From this perspective, the interaction that is manifesting is the logical progression of events discussed above by Branko Milanovic.

This elicited a reaction from the have-nots in America, who had nowhere else to turn but to a billionaire that was willing to represent their interests vis-à-vis the establishments of both parties. Again, this was a logical iteration based on the social and political structure being based on wealth as power.

What appears to be fascism to liberals is the expression of the will of the people that delivered the election to Trump, based on his political advisers reading of the mood of the electorate, chiefly Steve Bannon.

Donald Trump's challenge is to deliver on his promises to the people that delivered power to him, while also using that power to further his own interests and those of his cohort.

Liberals need to stop obsessing on Donald Trump and the people that put him in power and setting their own house in order. As Branko Milanovic observes, they created Donald Trump and they can only remove him successfully if they get their own houses in order by consecutive self-criticism rather than blame, admitting their mistakes and failures, and formulating and executing a new plan that corrects the mistakes and advances their game. 

Right now they are mostly wasting time flailing about and screaming "Hitler."

Stumbling and Mumbling
On soft commerce
Chris Dillow | Investors Chronicle

Friday, August 19, 2016

John Quiggin on John Locke's Classical Liberalism


Weekend reading on liberalism. These are short posts and they provide a good background in many political issues now to the fore in US politics.

John Locke was a proponent of bourgeois liberalism aka propertarianism. In this view the sole purpose of civil government is the protection of private property. John Quiggin exposes this idol of liberalism as having feet of clay. It also explains how many of the American founding fathers from the slave owing states saw no conflict between liberalism and slavery, which otherwise might seem a puzzling oversight or rank hypocrisy. Locke justified it for them because he was one of them, albeit in absentia.

Short Summary: John Locke, an enemy of freedom – John Quiggin

John Locke Against Freedom | John Quiggin - Jacobin

John Locke’s Road to Serfdom | John Quiggin - Jacobin

Locke’s Folly | John Quiggin - Jacobin